Order Long-term Supplier Invoices Report

Explanation

Supplier debts are normally considered as short-term debts in the balance sheet. If there are invoices with due dates more than one year away from a specific date, they must be reclassified as long-term debts. This activity creates a report showing supplier invoices, difference items, and bills of exchange (BoE) that have due dates on or past a specified number of days after a given reference date.

Prerequisites

The invoices, difference items, and bill of exchange must have on open ledger status to be included on the report.

System Effects

As a result of this activity, the report is either printed on paper or displayed on the screen. 

Window

Order Reports

Related Window Descriptions

Long-term Supplier Invoices Report

Procedure

1. Open the Long-term Supplier Invoices dialog.
2. Specify the reference date. The system will default to the current date, but you can manually change this date. 
3. Specify the number of days from the reference date that would constitute a long-term debt due date. The system defaults to 365 (days), but you can change this value. 
4. Modify the date in the First Long-term Due Date field, if desired. (The system will automatically calculate this date based on the reference date and the value in the No. of Days to Long-term field. However, you can modify this date.) 
5. If the report should be limited to items posted to a specific ledger account at the specified reference date, enter the account in the Account field.
6. Click Company to change the company for the report. 
7. Click Preview to view the report on screen or click Print to print the report. 

Note: You also can order and print the report in the Order Reports window in IFS/Info Services.